Barry Ritholtz wrote an interesting post today onWorst June New <b>Home</b> Sales Since 1982 | The Big Picture
Here’s a quick excerpt
Can you possibly give us a moving average of bulls vs bears on CNBC? Mike in Nola Says: July 29th, 2009 at 7:56 am. A couple of things I didn’t get to post yesterday on the CS Index because of Wordpress weirdness. … For example, the mortgage on a house is $500k and the highest bid from an outsider is 300k. Is there any bar to the bank just bidding $500 to buy in the property? This might allow the bank to keep the house on it’s books at that price. …
Read the rest of this great post here: Worst June New <b>Home</b> Sales Since 1982 | The Big Picture
